Civic Intelligence

Vanguard College Preparatory School

990 • Fiscal year 2020 • EIN 74-1815978

Aug 01, 2019 to Jul 31, 2020 • Filed on Nov 20, 2020

2517 Mount CarmelWaco, TX 76710

(254) 772-8111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.67x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.72x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

42nd percentile

1.6%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

78th percentile

$124,085

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

52nd percentile

6.6%

Faster asset growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

50th percentile

0.7%

Faster revenue growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,038,744

Up $249,288 (+6.6%) from 2019

Net Assets

Up

$1,329,392

Up $53,405 (+4.2%) from 2019

Liabilities

Up

$2,709,352

Up $195,883 (+7.8%) from 2019

Revenue

Up

$3,738,086

Up $27,725 (+0.7%) from 2019

Expenses

Down

$3,678,360

Down $195,848 (-5.1%) from 2019

Net Income

Up

$59,726

Up $223,573 (+136%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $3,986,536Liabilities 2010: $2,156,305Net Assets 2010: $1,830,2312010Assets 2011: $5,175,565Liabilities 2011: $2,381,297Net Assets 2011: $2,794,2682011Assets 2012: $4,685,726Liabilities 2012: $2,420,195Net Assets 2012: $2,265,5312012Assets 2013: $4,388,977Liabilities 2013: $2,373,947Net Assets 2013: $2,015,0302013Assets 2014: $4,048,218Liabilities 2014: $2,200,211Net Assets 2014: $1,848,0072014Assets 2015: $4,101,233Liabilities 2015: $2,352,578Net Assets 2015: $1,748,6552015Assets 2016: $3,945,491Liabilities 2016: $2,135,447Net Assets 2016: $1,810,0442016Assets 2017: $4,416,657Liabilities 2017: $2,858,009Net Assets 2017: $1,558,6482017Assets 2018: $3,969,555Liabilities 2018: $2,528,692Net Assets 2018: $1,440,8632018Assets 2019: $3,789,456Liabilities 2019: $2,513,469Net Assets 2019: $1,275,9872019Assets 2020: $4,038,744Liabilities 2020: $2,709,352Net Assets 2020: $1,329,3922020Assets 2021: $4,382,237Liabilities 2021: $2,563,734Net Assets 2021: $1,818,5032021Assets 2022: $4,791,105Liabilities 2022: $2,618,020Net Assets 2022: $2,173,0852022Assets 2023: $6,388,902Liabilities 2023: $3,305,737Net Assets 2023: $3,083,1652023Assets 2024: $10,807,415Liabilities 2024: $7,024,314Net Assets 2024: $3,783,1012024

Highlighted filing

2020

Assets$4,038,744
Liabilities$2,709,352
Net Assets$1,329,392

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,567,5212010Expenses 2011: $2,859,9692011Expenses 2012: $2,712,7532012Expenses 2013: $2,876,2912013Revenue 2014: $3,063,260Expenses 2014: $3,233,369Net Income 2014: -$170,1092014Revenue 2015: $3,513,482Expenses 2015: $3,620,158Net Income 2015: -$106,6762015Revenue 2016: $3,784,346Expenses 2016: $3,764,058Net Income 2016: $20,2882016Revenue 2017: $3,541,370Expenses 2017: $3,592,254Net Income 2017: -$50,8842017Revenue 2018: $3,644,744Expenses 2018: $3,768,708Net Income 2018: -$123,9642018Revenue 2019: $3,710,361Expenses 2019: $3,874,208Net Income 2019: -$163,8472019Revenue 2020: $3,738,086Expenses 2020: $3,678,360Net Income 2020: $59,7262020Revenue 2021: $4,289,770Expenses 2021: $3,812,471Net Income 2021: $477,2992021Revenue 2022: $4,734,020Expenses 2022: $4,368,910Net Income 2022: $365,1102022Revenue 2023: $6,006,363Expenses 2023: $5,102,262Net Income 2023: $904,1012023Revenue 2024: $6,411,466Expenses 2024: $5,718,603Net Income 2024: $692,8632024

Highlighted filing

2020

Revenue$3,738,086
Expenses$3,678,360
Net Income$59,726
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Nov 20, 2020
Return Version
2019v5.1
Gross Receipts
$3,764,732
Mission and Program Overview

Mission

Vanguard college preparatory school is a non-parochial, independent school that prepares students for academic success and fulfulling lives. The foundation of the vanguard experience is based on the core values of rigor, responsibility, and respect. The community of vanguard students, faculty, administrators, and parents is committed to a personalized learning experience that prepares each student to excel at the collegiate level.

Vanguard college preparatory school is a non-parochial, independent school that prepares students for academic success and fulfilling lives. The foundation of the vanguard experience is based on the core values-rigor, responsibility and respect. The community of vanguard students, faculty, administrators and parents is committed to a personalized learning experience that prepares each student to excel at the collegiate level.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,241,549$3,081,263▼ $160,286
Cash and Non-Interest-Bearing Accounts$358,400$763,336▲ $404,936
Accounts Receivable$47,001$55,246▲ $8,245
Savings and Temporary Cash Investments$26,120$26,662▲ $542
Prepaid Expenses and Deferred Charges$31,932$25,000▼ $6,932
Investments in Publicly Traded Securities$17,410$17,935▲ $525
Total Assets$3,789,456$4,038,744▲ $249,288
Other Assets Total$67,044$69,302▲ $2,258
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,610,507$1,534,246▼ $76,261
Deferred Revenue$777,498$746,859▼ $30,639
Other Liabilities$12,376$329,232▲ $316,856
Unsecured Notes Loans Payable$55,000$50,000▼ $5,000
Accounts Payable and Accrued Expenses$58,088$49,015▼ $9,073
Total Liabilities$2,513,469$2,709,352▲ $195,883
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,275,987$1,329,392▲ $53,405
Total Net Assets Fund Balance$1,275,987$1,329,392▲ $53,405
Total Liabilities and Net Assets / Fund Balance$3,789,456$4,038,744▲ $249,288

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,922,000$2,984,133$5,906,133
Equipment$90,242$872,869$963,111
Other Land Buildings$9,530$144,945$154,475
Land$59,491-$59,491

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$67,044-▲ $2,751-$69,302
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bill BorgHead of SchoolFT$121,664$2,421$124,085

Board Members and Trustees

NameTitle
Mike RaymondChairman
Shanna MattsonVice Chairman
Brie KeepersBoard Trustee
Emily OffillBoard Trustee
Jed ColeBoard Trustee
Karina LoyaBoard Trustee
Katherine HaynesBoard Trustee
Michael McnamaraBoard Trustee
Rick CoferBoard Trustee
Scott SteinbachBoard Trustee
Susan DossettBoard Trustee
Suzanne KellyBoard Trustee
Travis ClarkBoard Trustee
Christy HolzeSecretary
Matt MorrisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$80,318
Program Service Revenue
$3,607,492
Investment Income
$10,753
Other Revenue
$39,523
All Other Contributions
$68,268
Change in Net Assets
$59,726

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,803,647
Revenue Not Reported on Financial Statements
$934,439
Revenue Not Reported on Form 990
$20,325
Other Revenue Adjustments
$934,439
Total Revenue per Audited Statements
$2,823,972
Total Revenue per Form 990
$3,738,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,710,465
Other Expenses$1,033,949
Grants and Similar Amounts Paid$933,946
Total Fundraising Expense$97,926
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,039,544$267,168$72,825$1,379,537
Grants to Domestic Individuals$933,946--$933,946
Occupancy$245,037--$245,037
Depreciation Depletion$165,394--$165,394
Current Officers, Directors, Trustees, and Key Employees-$121,664-$121,664
Other Employee Benefits$74,380$27,678$5,248$107,306
Payroll Taxes$70,672$26,299$4,987$101,958
Interest-$73,745-$73,745
All Other Expenses$20,760$51,463-$72,223
Information Technology-$42,223-$42,223
Other Expenses$35,162$36,217-$35,162
Advertising--$14,866$14,866
Fees for Services Accounting-$13,792-$13,792
Fees for Services Other-$493-$493
Total Functional Expenses$2,919,692$660,742$97,926$3,678,360

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,678,360
Total Expenses per Audited Statements$2,770,567
Expenses per Audited Statements$2,743,921
Expenses Not Reported on Financial Statements$934,439
Other Expense Adjustments$934,439
Expenses Not Reported on Form 990$26,646
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$59,319
Fundraising Direct Expenses$26,081
Gaming Gross Income$3,020
Gaming Direct Expenses$565
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Burgers & Bingo$44,794$44,794$3,880$40,914
Golf Tournament$12,050-$2,568-
Total Events$71,369$59,319$26,081$33,238
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Knitchel HerronFacilities & MaintenanceEmployee SalaryNo$35,297
Rebecca HerronFinancial AdministratorThe School Uses Skunk Daddy for Maintenance Work. Rebecca Works Part Time for Skunk Daddy, and Is Co-owner of It With Her Husband,nick. Payments Were for Hvac Filter Changes. However, Payments to That Entity Have Not Met Reportable Thresholds.No$4,950
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$316,000
Due to Student Actvities$13,232
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by head of school and business officer prior to signing and filing.

Form 990, Part VI, Section B, Line 15

The board of directors vote on a global increase and it is up to the head of school to determine compensation for all employees and the board decides on the head of school's salary.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Vanguard College Preparatory School
EIN
74-1815978
Phone
2547728111
Address
2517 MOUNT CARMEL, WACO, TX 76710

Signing Officer

Name
Bill Borg
Title
Head of School
Phone
2547728111
Signed
2020-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Borg
Formed
1973
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
37
Volunteers
85

Preparer

Firm
Jaynes Reitmeier Boyd & Therrell Pc
Address
5400 BOSQUE BLVD STE 600, WACO, TX 76710-4459
Preparer
Nancy a Livingston
Phone
2547764190
Supplemental Narrative

Additional Explanations

Form 990,part XII, Line 2C

Process has not changed from prior years.

Financial Statement Notes

PART X, LINE 2:

The school is a nonprofit organization under section 501(c)(3) of the internal revenue code, whose revenue is derived from program service fees and contributions and is generally not subject not subject to federal and state income taxes. The school recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax provisions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The school records interest related to unrecognized tax benefits and penalties in management and general expenses.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fund raising expenses offset against income on 990 26,646.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Tuition assistance netted against tuition & fees 933,946. Trust dept fee netted against investment income 493.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fund raising expense offset against income on 990 26,646.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Tuition assistance netted against tuition & fees 933,946. Trust dept fee netted against investment income 493.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt012050
IRS990/FundraisingDirectExpensesAmt026081
IRS990/FundraisingGrossIncomeAmt059319
IRS990/GainOrLossGrp/SecuritiesAmt08291
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt0565
IRS990/GamingGrossIncomeAmt03020
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0933946
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0933946
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0933946
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt08291
IRS990/GrossReceiptsAmt03764732
IRS990/GrossRentsGrp/RealAmt03830
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt042223
IRS990/InformationTechnologyGrp/TotalAmt042223
IRS990/InterestGrp/ManagementAndGeneralAmt073745
IRS990/InterestGrp/TotalAmt073745
IRS990/InvestmentIncomeGrp/ExclusionAmt02462
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02462
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017410
IRS990/InvestmentsPubTradedSecGrp/EOYAmt017935
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04001947
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03241549
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03081263
IRS990/LandBldgEquipCostOrOtherBssAmt07083210
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VANGUARD COLLEGE PREPARATORY SCHOOL IS A NON-PAROCHIAL, INDEPENDENT SCHOOL THAT PREPARES STUDENTS FOR ACADEMIC SUCCESS AND FULFILLING LIVES. THE FOUNDATION OF THE VANGUARD EXPERIENCE IS BASED ON THE CORE VALUES OF RIGOR, RESPONSIBILITY AND RESPECT. THE COMMUNITY OF VANGUARD STUDENTS, FACULTY, ADMINISTRATORS AND PARENTS IS COMMITTED TO A PERSONALIZED LEARNING EXPERIENCE THAT PREPARES EACH STUDENT TO EXCEL AT THE COLLEGIATE LEVEL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01610507
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01534246
IRS990/NetAssetsOrFundBalancesBOYAmt01275987
IRS990/NetAssetsOrFundBalancesEOYAmt01329392
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08291
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08291
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt033238
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt033238
IRS990/NetIncomeFromGamingGrp/ExclusionAmt02455
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt02455
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03830
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03830
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-6321
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01275987
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01329392
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0245037
IRS990/OccupancyGrp/TotalAmt0245037
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt067044
IRS990/OtherAssetsTotalGrp/EOYAmt069302
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05248
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027678
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt074380
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0107306
IRS990/OtherExpensesGrp/Desc0ATHLETIC SUPPLIES
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2LEASES
IRS990/OtherExpensesGrp/Desc3CURICULUM & STAFF DEVEL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036217
IRS990/OtherExpensesGrp/ProgramServicesAmt0200612
IRS990/OtherExpensesGrp/ProgramServicesAmt1134185
IRS990/OtherExpensesGrp/ProgramServicesAmt235162
IRS990/OtherExpensesGrp/TotalAmt0200612
IRS990/OtherExpensesGrp/TotalAmt1134185
IRS990/OtherExpensesGrp/TotalAmt236217
IRS990/OtherExpensesGrp/TotalAmt335162
IRS990/OtherLiabilitiesGrp/BOYAmt012376
IRS990/OtherLiabilitiesGrp/EOYAmt0329232
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt072825
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0267168
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01039544
IRS990/OtherSalariesAndWagesGrp/TotalAmt01379537
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04987
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026299
IRS990/PayrollTaxesGrp/ProgramServicesAmt070672
IRS990/PayrollTaxesGrp/TotalAmt0101958
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031932
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025000
IRS990/PrincipalOfficerNm0BILL BORG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM AUXILIARY INCO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03464486
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1143006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03464486
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1143006
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0100300
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0909878
IRS990/PYInvestmentIncomeAmt04555
IRS990/PYOtherExpensesAmt01181706
IRS990/PYOtherRevenueAmt070739
IRS990/PYProgramServiceRevenueAmt03534767
IRS990/PYRevenuesLessExpensesAmt0-163847
IRS990/PYSalariesCompEmpBnftPaidAmt01782624
IRS990/PYTotalExpensesAmt03874208
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03710361
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt059726
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt03830
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03611322
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026120
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026662
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02922000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02984133
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05906133
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0493
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt067044
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt069302
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02751
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt090242
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0872869
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0963111
IRS990ScheduleD/ExpensesNotReportedAmt026646
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0934439
IRS990ScheduleD/ExpensesSubtotalAmt02743921
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt059491
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt059491
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-6321
IRS990ScheduleD/OtherExpensesIncludedAmt026646
IRS990ScheduleD/OtherExpensesNotIncludedAmt0934439
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09530
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0144945
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0154475
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013232
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1316000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO STUDENT ACTVITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REFUNDABLE ADVANCE
IRS990ScheduleD/OtherRevenueAmt026646
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0934439
IRS990ScheduleD/RevenueNotReportedAmt020325
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0934439
IRS990ScheduleD/RevenueSubtotalAmt02803647
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, WHOSE REVENUE IS DERIVED FROM PROGRAM SERVICE FEES AND CONTRIBUTIONS AND IS GENERALLY NOT SUBJECT NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX PROVISIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE SCHOOL RECORDS INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS AND PENALTIES IN MANAGEMENT AND GENERAL EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUND RAISING EXPENSES OFFSET AGAINST INCOME ON 990 26,646.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TUITION ASSISTANCE NETTED AGAINST TUITION & FEES 933,946. TRUST DEPT FEE NETTED AGAINST INVESTMENT INCOME 493.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.8$7.02$3.78$6.41$5.72$0.69
2023Detailed filing. Detailed filing data is available for this year.$6.39$3.31$3.08$6.01$5.10$0.90
2022Detailed filing. Detailed filing data is available for this year.$4.79$2.62$2.17$4.73$4.37$0.37
2021Detailed filing. Detailed filing data is available for this year.$4.38$2.56$1.82$4.29$3.81$0.48
2020Detailed filing. Detailed filing data is available for this year.$4.04$2.71$1.33$3.74$3.68$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.79$2.51$1.28$3.71$3.87$0.16
2018Detailed filing. Detailed filing data is available for this year.$3.97$2.53$1.44$3.64$3.77$0.12
2017Summary only. Only limited summary data is available for this year.$4.42$2.86$1.56$3.54$3.59$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.95$2.14$1.81$3.78$3.76$0.02
2015Detailed filing. Detailed filing data is available for this year.$4.10$2.35$1.75$3.51$3.62$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.05$2.20$1.85$3.06$3.23$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$2.37$2.02$2.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.69$2.42$2.27$2.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.18$2.38$2.79$2.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$2.16$1.83$2.57